Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended Nugent 31 Actual pounds (9) 7,200 Revenue ($4.209) $ 30,240 Expenses Packing supplies (50.350) 2,520 Oyster bed maintenance ($3,400) 3.400 Wages and salaries (52,500 + $0.309) 4,660 Shipping ($0.600) 4,320 Utilities ($1,210) 1,210 Other ($460 + $0.019) 532 Total expense 16,642 Net operating income $13,598 The actual results for August appear below: Qailcene Oysteria Income Statement Tor the Month Ended August 31 Actual pounds 7,200 $ 27,400 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense set operating income 2,690 3,260 5,070 4,050 1,020 2,152 17.242 $10,158 Required: Calculate the company's revenue and spending variances for August (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (Le., zero variance). Input all amounts as positive values.) Qullcane Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Packing supplies Oyster bed maintenance Wages and salaries Shipping Us Other Total pense Net operating income